Remove Community Remove Financial Technology Remove Innovation Remove Lending
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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. This tech is also aimed to serve as the challenger bank or “sidecar” core offering for the digital subsidiaries of community and regional banks.

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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

Are community banks missing the chance to climb aboard the faster payments train? The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. Weekly episodes highlight innovators and industry players driving innovation in the financial services industry.

Community 195
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Fostering the Financial Technology Infrastructure of Tomorrow

Insights on Business

Anyone with an idea of how we might conduct business better and more efficiently, be it in wealth management, lending, insurance, or payments, could bring it to life with ease. Entrepreneurial individuals could find all the tools they need to innovate consolidated in one place, which meet all of their data requirements and analytical needs.

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OCC to hold forum on financial innovation

CFPB Monitor

In particular, he indicated that while FinTech companies should not have an advantage in the marketplace over banks because they are not complying with same rules, the CFPB would seek to enforce the laws without stifling innovation. on “Supporting Responsible Innovation in the Federal Banking System.” Registration is free.

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The 2022 GonzoBanker Awards

Gonzobanker

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Provident Financial Services, Inc. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. She was a trailblazer and an early innovator in analytics.

Community 216
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Democratic Congressman Bill Foster seeks chairmanship of House Financial Services Committee Fintech taskforce

CFPB Monitor

Democratic Congressman Bill Foster, who represents the 11th District of Illinois, has sent a letter to Maxine Waters, Democratic Chairwoman of the House Financial Services Committee, to express his “strong interest in serving as the Chair of the Taskforce on Financial Technology and Innovation that will be convened in the coming weeks.”

Fintech 68